Alphabet may rise to 180.50 - 185.30

Our pivot point is at 157.6.

Our preference

Short term rebound towards 180.5.

Alternative scenario

Below 157.6, expect 149.7 and 145.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands above its 20 day moving average (164.558) but below its 50 day moving average (174.5546).

Supports and resistances

190.1 **

185.3 *

180.5 **

175.7

165.62 (USD-last)

160.7

157.6 **

149.7 *

145 **

Number of asterisks represents the strength of support and resistance levels.